document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1102652>Question 1102652</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find the amount Erica owes at the end of 2 years if &#8203;$5700 is loaned to her at a rate of 7% compounded monthly. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #717364 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=717364\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Compound interest formula<BR>\n" );
document.write( "P=Po(1+.07/12)^12*2, Po(1+r/n)^nt, n is number of compoundings per year and t the number of years.  r is rate.<BR>\n" );
document.write( "This is $6553.89.  Round at the end. </SPAN>\n" );
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